	2025	2026	2027	2028	2029
Revenue	674,071	794,497	-	871,567	846,000
Dividend	58.09	81.42	-	111.50	131.00
Dividend Yield (in %)	0.64 %	0.90 %	1.13 %	1.23 %	1.44 %
EPS	192.65	263.76	317.64	298.50	299.10
P/E Ratio	47.21	34.48	28.63	30.47	30.41
EBIT	189,432	255,339	-	278,667	269,000
EBITDA	218,461	286,255	-	358,550	338,000
Net Profit	142,676	194,421	-	210,467	202,100
Net Profit Adjusted	149,596	192,903	229,781	-	-
Pre-Tax Profit	188,388	255,030	-	279,000	269,500
Pre-Tax Profit Reported	187,926	256,264	-	279,000	269,500
EPS (Non-GAAP) ex. SOE	-	-	-	-	-
EPS (GAAP)	188.10	255.29	316.54	298.50	299.10
Gross Income	-	-	-	500,467	477,900
Cash Flow from Investing	-25,233	-	-25,233	-21,500	-21,500
Cash Flow from Operations	113,494	180,039	211,061	191,632	221,349
Cash Flow from Financing	-60,254	-78,929	-102,518	-95,800	-102,359
Cash Flow per Share	199.70	272.19	318.28	354.50	406.20
Free Cash Flow	77,978	145,672	181,811	170,132	199,849
Free Cash Flow per Share	90.85	186.70	258.15	310.40	363.90
Book Value per Share	682.85	824.57	991.34	1,052.00	1,205.80
Net Debt	-30,477	-84,586	-169,434	-215,389	-330,170
Research & Development Exp.	72,200	80,100	93,400	102,100	-
Capital Expenditure	19,213	-	19,675	18,500	18,500
Selling, General & Admin. Exp.	-	-	-	183,400	204,200
Shareholder’s Equity	501,930	605,314	718,984	722,857	824,248
Total Assets	780,173	904,157	1,040,631	995,701	1,104,442

	Previous Quarter ending 09/30/24	Current Quarter ending 12/31/24	Next Quarter ending 03/31/25	Current Year ending 03/31/25	Next Year ending 03/31/26
Earnings Estimates
No. of Analysts	-	6	6	17	17
Average Estimate	-	54.568 JPY	56.947 JPY	192.654 JPY	263.757 JPY
Year Ago	-	28.743 JPY	20.513 JPY	84.454 JPY	-
Publish Date	-	-	-	-	-
Revenue Estimates
No. of Analysts	-	10	10	17	17
Average Estimate	-	172,434 JPY	175,894 JPY	674,071 JPY	794,497 JPY
Year Ago	-	133,233 JPY	135,763 JPY	486,507 JPY	-
Publish Date	-	-	-	-	-

* Average Estimates in Million (e.g. Revenue) or per share (e.g. Dividend). Source: FactSet

Income Statements in Mio. JPY

	2024	2023	2022	2021	2020	2019	2018
Sales	486,507.00	560,191.00	416,901.00	312,789.00	275,894.00	282,456.00	207,223.00
Change of sales in %	-13.15	34.37	33.29	13.37	-2.32	36.31	32.91
Gross profit on sales	228,240.00	305,026.00	224,652.00	158,517.00	148,801.00	150,167.00	102,489.00
Gross profit on sales change in %	-25.17	35.78	41.72	6.53	-0.91	46.52	19.37
Operating income	87,662.00	167,019.00	114,775.00	62,421.00	58,746.00	60,939.00	23,943.00
Operating income change in %	-47.51	45.52	83.87	6.26	-3.60	154.52	76.49
Income before tax	78,170.00	171,270.00	116,343.00	69,618.00	58,574.00	66,211.00	24,282.00
Income before tax change in %	-54.36	47.21	67.12	18.85	-11.53	172.68	61.64
Income after tax	62,290.00	130,400.00	87,301.00	69,787.00	53,532.00	56,993.00	18,103.00
Income after tax change in %	-52.23	49.37	25.10	30.37	-6.07	214.83	27.48

Balance Sheet in Mio. JPY

	2024	2023	2022	2021	2020	2019	2018
Total liabilities	240,051.00	231,530.00	200,075.00	142,272.00	124,325.00	105,849.00	129,949.00
Long-term liabilities per share	154.08	77.14	64.76	66.77	67.77	54.34	59.70
Equity	431,178.00	368,694.00	294,621.00	280,369.00	231,452.00	198,731.00	124,610.00
Equity change in %	16.95	25.14	5.08	21.13	16.46	59.48	13.78
Balance sheet total	671,229.00	600,224.00	494,696.00	422,641.00	355,777.00	304,580.00	254,559.00
Balance sheet total change in %	11.83	21.33	17.05	18.79	16.81	19.65	9.91

Key Data in JPY

	2024	2023	2022	2021	2020	2019	2018
Sales per share	657.33	746.10	533.97	394.23	346.55	355.58	263.39
P/E ratio (year end quote, basic EPS)	80.74	17.44	21.51	27.35	16.07	8.51	21.87
P/E ratio (year end quote, diluted EPS)	81.02	17.50	21.62	27.51	16.14	8.95	24.05
P/E ratio (year end quote)	80.74	17.44	21.51	27.35	16.07	8.51	21.87
Dividend yield in %	0.50	1.11	1.24	1.22	1.89	3.58	1.44
Equity ratio in %	64.24	61.43	59.56	66.34	65.06	65.25	48.95
Debt ratio in %	35.76	38.57	40.44	33.66	34.94	34.75	51.05

Advantest Dividend Calendar

Date	Name	Dividend	*yield	Currency
2024	Advantest Corp.	34.25	0.50	JPY
2023	Advantest Corp.	33.75	1.11	JPY
2022	Advantest Corp.	30.00	1.24	JPY
2021	Advantest Corp.	29.50	1.22	JPY
2020	Advantest Corp.	20.50	1.89	JPY
2019	Advantest Corp.	23.00	3.58	JPY
2018	Advantest Corp.	8.00	1.44	JPY
2017	Advantest Corp.	6.25	1.20	JPY
2016	Advantest Corp.	5.00	1.92	JPY
2015	Advantest Corp.	3.75	0.99	JPY
2014	Advantest Corp.	3.75	1.34	JPY
2013	Advantest Corp.	5.00	1.49	JPY
2012	Advantest Corp.	15.00	1.15	JPY
2011	Advantest Corp.	10.00	0.67	JPY
2010	Advantest Corp.	10.00	0.43	JPY
2009	Advantest Corp.	30.00	2.05	JPY

*Yield of the Respective Date

Advantest Calendar

Event	Estimate	Info	Date
Earnings Report	28.740 JPY	Q3 2024 Earnings Release	01/29/2025
Earnings Report	20.530 JPY	Q4 2024 Earnings Release	04/25/2025
Earnings Report	32.350 JPY	Q1 2025 Earnings Release	07/23/2025
Earnings Report	61.570 JPY	Q2 2025 Earnings Release	10/29/2025

Advantest Past Events

Event	Actual EPS	Info	Date
Earnings Report	22.690 JPY	Q2 2024 Earnings Release	10/30/2024
Earnings Report	12.488 JPY	Q1 2024 Earnings Release	07/31/2024
Annual General Meeting	-	Annual General Meeting	06/28/2024
Earnings Report	41.575 JPY	Q4 2023 Earnings Release	04/26/2024
Earnings Report	38.733 JPY	Q3 2023 Earnings Release	01/31/2024
Earnings Report	45.835 JPY	Q2 2023 Earnings Release	10/31/2023
Earnings Report	48.035 JPY	Q1 2023 Earnings Release	07/26/2023
Annual General Meeting	-	Annual General Meeting	06/27/2023
Earnings Report	34.660 JPY	Q4 2022 Earnings Release	04/26/2023
Earnings Report	33.125 JPY	Q3 2022 Earnings Release	01/31/2023
Earnings Report	20.270 JPY	Q2 2022 Earnings Release	10/27/2022
Earnings Report	24.605 JPY	Q1 2022 Earnings Release	07/28/2022
Annual General Meeting	-	Annual General Meeting	06/24/2022
Earnings Report	42.363 JPY	Q4 2021 Earnings Release	04/27/2022
Earnings Report	15.323 JPY	Q3 2021 Earnings Release	01/27/2022

Advantest Profile

Advantest Corp. engages in the manufacture and sale of mechatronic products. It operates through the following segments: Semiconductor and Component Test Systems, Mechatronic and Others. The Semiconductor and Component Test Systems segment offers test systems for semiconductors and electronic component industries. The Mechatronic segment provides the semiconductor devices handling mechatronic applied products such as testers, handlers, device interfaces, and nanotechnology products. The Others segment involves in the customer solutions support, and equipment leasing services. The company was founded by Ikuo Takeda in December 1954 and is headquartered in Tokyo, Japan. .

Moody’s Daily Credit Risk Score

Risk

Low
Medium
High

Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’s balance sheet and inputs from the stock market. The score provides a forward-looking, one-year measure of credit risk, allowing investors to make better decisions and streamline their work ow. Updated daily, it takes into account day-to-day movements in market value compared to a company’s liability structure.

Advantest Shareholder

Owner	in %
Freefloat	96.04
Nomura Asset Management Co., Ltd.	12.34
Nomura Asset NEXT FUNDS NIKKEI 225 ETF (1321)	9.24
Nikko Asset Management Co., Ltd.	6.33
Nikko Exchange Traded Index Fund 225	4.47
Daiwa Asset iFreeETF NIKKEI 225 (Yearly Dividend Type) (1320)	4.19
Advantest Corp.	3.66
Mitsubishi UFJ Asset Management Co., Ltd.	3.49
Sumitomo Mitsui Trust Asset Management Co., Ltd.	2.89
Nomura Asset NEXT FUNDS TOPIX ETF (1306)	2.40
Mitsubishi UFJ Kokusai MAXIS Nikkei 225 ETF (1346)	2.09
DZ PRIVATBANK SA	0.88

Shareholder percentage totals can add to more than 100% because some holders are included in the free float.

Advantest Management

Name	Job
Yoshiaki Yoshida	Chairman
Kimiya Sakamoto	Chief Customer Relations Officer & GM-Sales
Douglas Lefever	Chief Executive Officer & Representative Director
Yasuo Mihashi	Chief Financial & Strategy Officer
Keith M. Hardwick	Chief Human Resources & Compliance Officer
Richard Junger	Chief Information Technology & Digital Officer
Soichi Tsukakoshi	Chief Production Officer
Juergen Serrer	Chief Technology Officer
Sanjeev Mohan	Co-Chief Customer Relations Officer
Makoto Nakahara	Co-Chief Customer Relations Officer
Naoto Nishida	Director
Tomoko Nakada	Director
Yuichi Kurita	Director
Wan-Kun Wu	Executive Officer
Nicholas E Benes	Independent Outside Director
Toshimitsu Urabe	Independent Outside Director
Sayaka Sumida	Independent Outside Director
Koichi Tsukui	President, Group COO & Representative Director